DCW Monthly: March 2026
This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee
Latest news
DCW Monthly: March 2026
This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee
DCW Updates
Business as Usual in Dubai, but Fluid Situation
In the initial weeks since the war against Iran began 28 February, trade finance operations in banks in Dubai have
DCW Updates
US Treasury Flags TBML Threat in 2026 National Risk Assessment
Trade finance rarely sits at the center of money laundering discussions, but the US Treasury Department’s 2026 National Money
DCW Updates
Court’s Interpretation of LC as Conditional Form of Payment Benefits Seller
Even if a seller is responsible for an LC issuing bank’s failure or refusal to pay because it did
DCW Updates
English Court Decides on Legal Nature of “Classic Performance Bond”
In Power Projects Sanayi Insaat Ticaret Ltd v. Star Assurance Co Ltd,[[1]] the English Commercial Court held that under
DCW Updates
Bonded Warehouse Facilities Must be Modernized
Abuse of bonded warehouse facilities by Bangladesh’s readymade garments industry has been gotten worse since the 1990s. By one
DCW Articles
Letters of Credit
In the latest installment of this annual survey article series, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2024.
DCW Articles
Not So Evergreen: Court Limits Duration of Auto-Extension Clause in Letter of Credit
Paul Roder examines why the Court decision in Starr Indemnity is troubling both in its interpretation of the auto-extension clause and the practical effect it may have on the industry.
DCW Articles
The Future of Advanced Technology and Generative AI in Trade Finance Operations
While adoption of Gen AI in trade finance operations is still taking root, its impact and utility will depend on adept human-led implementation.
DCW LC Statistics
LC Statistics: 4Q25 US Bank LC Issuance
DCW reports quarterly LC issuance statistics for the top 600 banks headquartered in the US. Numbers are in USD 1,
DCW LC Statistics
Trade Finance Activity of the Top 50 U.S. LC Banks
DCW is beginning a series of visualizations drawn from our long-running U.S. LC statistics dataset. This first chart maps
March 2026
Upgraded DCW LC Statistics + Introducing DCW Data Lab
DCW’s LC Issuance Statistics for U.S. banks have an upgrade and a new look. The updated statistics now